Revenue Accountant
Salary

The average Revenue Accountant in the United States earns approximately $54K annually. Total cash compensation to Revenue Accountants approaches anywhere from $38K on the lower end to $80K on the higher end; in exceptional cases, this can include more than $10K from bonuses and upwards of $20K from profit sharing. Geographic location is the biggest factor affecting pay for this group, followed by years of experience. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Job satisfaction is high and work is enjoyable for most Revenue Accountants. Women make up the majority of Revenue Accountants (63 percent) who completed the questionnaire. Participants in PayScale's salary questionnaire provided the particulars of this report.

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

Job Description for Revenue Accountant

Revenue accountants are often also called senior accountants, finance accountants, or senior revenue accountants. Revenue accountants work in manufacturing companies, distribution companies, the wholesale industry, the health care industry, retail companies, and many other fields of business. Basically, any business that processes sales and service revenue needs revenue accountants. They mainly work indoors during standard daytime office hours. They are usually full-time employees, but they might work overtime during busy times of the year. Revenue accountants need a bachelor's degree in accounting, finance, financial management, or a related field. The job often requires revenue accountants to be CPA’s as well. Many companies prefer experience in accounting or finance. In addition to a bachelor’s degree, revenue accountants must often also be proficient in Microsoft Office, Excel, PowerPoint, Access, and Outlook.

Revenue accountants are responsible for handling all financial aspects of a company. They perform daily, weekly, and monthly audits for their company or department. They also assist during quarterly financial reviews and annual audits. This includes month-end closing and reporting responsibilities. They often oversee monitoring of accounts payable and receivable, as well as the technical accounting analysis relating to the department or company they work for. They also often delegate or supervise preparation of budgets, forecasts and various other year-end financial reports. They are often required to work with marketing personnel and advertising departments to increase revenue. In addition to all of these duties, revenue accountants will often participate in performing special projects.

Revenue accountants should be very organized and committed to exact deadlines. They must have strong customer services skills, as they will often work with clients to resolve billing issues and discrepancies. They also review client financial data to calculate monthly client billings. Revenue accountants are required to have a strong work ethic and high level of integrity. They often work with other departments to provide financial analysis and give constructive feedback to department heads from those departments.

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Popular Skills for Revenue Accountant

This chart shows the most popular skills for this job and what effect each skill has on pay.

Survey results show that Revenue Accountants use a fair number of skills. Most notably, facility with Oracle and Revenue Recognition are correlated to pay that is significantly above average, leading to increases of 23 percent and 5 percent, respectively. At the other end of the pay range are skills like Accounting. For most people, competency in Financial Analysis indicates knowledge of Accounting.

Pay by Experience Level for Revenue Accountant

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Workers in their first five years can expect to earn $51K, but people who have been around for five to 10 years earn a noticeably bigger sum of $59K. After working for 10 to 20 years, Revenue Accountants make a median salary of $64K. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $55K.